Epic Medical Services Pc

Nonprofit profile at a glance

EIN
811505854
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
East Meadow, NY, USA
Phone
5167397733
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

Reported finances

Revenue
$1,882,037
Expenses
$1,695,004
Assets
$3,884,878
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • DR SEBASTIAN AVOLESE (PRESIDENT)
  • LISA BURCH (PRESIDENT/CEO (AS OF 02/24))
  • THOMAS M HOPKINS (PRESIDENT/CEO (UNTIL 05/24))

People named in this filing

  • JEFFREY L NAGEL ESQ (CHAIRMAN)
  • DR SEBASTIAN AVOLESE (PRESIDENT)
  • HENRY KLOSOWSKI (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Epic medical services, p.c. ("epic medical") was incorporated under New York state law in 2016 as a captive professional services corporation. Epic long island, inc. Is the sole shareholder of epic medical. Effective april 1, 2016, the New York state office for people with developmental disabilities ("opwdd") eliminated the provision of offsite article 16 services to individuals with developmental disabilities and introduced a new medicaid state plan service known as individual practitioner services for individuals with developmental disabilities ("ipsidd"). This development led to the formation of epic medical, to allow provision of these services. Ipsidd services are limited to physical, occupational and speech therapy, social work, and psychological services that may be provided to individuals in service arrangements subject to prior authorization from opwdd.

What it reported doing in 2024

The specialty clinic provides services for people with developmental disabilities to improve or maintain the quality of their lives. The services are of a habilitative clinical nature to ameliorate or to limit the disabling condition in the least restrictive setting. We provide psychiatric and social work evaluation and physical, occupational and speech therapy.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 69
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.2%; rating input score 86
  • Program expense ratio: 95.7%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.9%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 2.29; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -6.1% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -7.6% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 14.1% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 86.2% of revenue deployed · 95.7% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.6M in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.